Economics, Politics, Laws, And Issues
Stephen D. Cohen is professor of international relations at the School of International Service at American University. Robert A. Blecker is professor of economics at American University and a research associate of the Economic Policy Institute.
Part 1 Overview: the content and context of trade policy; historical overview of US trade relations. Part 2 Economics: economic theories of international trade; determinants of a nation's trade performance. Part 3 Politics and administration: the formulation and administration of US trade policy - who does what; decision-making explained - the how and why of policy-makers' behaviour. Part 4 Laws: legislation regulating imports and exports; the international legal framework - the General Agreement on Tariffs and Trade. Part 5 The major contemporary issues: Japan - America's strongest economic competitor; European Union-United States trade relations; trade relations with the non-industrialized countries; regional trade liberalization - the North American Free Trade Agreement; multilateral trade liberalization - the Uruguay Round Agreement; trade policy options for the future; the unfinished agenda.